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20121201
20121231
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workers and the end of union power to force workers to pay what have been mandatory dues. michigan becomes the 24th state to enact right to work laws after legislation passed the state house of representaves and was sent on to governor rick snyder for his signature. protesters of this new law number some 10,000 at today's demonstrations. most league made up of uaw union of the workers, machinists, teachers, sometimes angry crowds that seem to be taking cues frm their democratic leaders. one group described by those on the ground as a mob chanting and gohome while tearing down a conservative activist group tent. a member of that mob scene right here. this as protesters are heard in the background treatening the police with violence. here he is trying to plead with pro union protesters to be less physical, lot less. >> already destroyed onetent. leavitt's and alone. >> get out of my face. >> don't teardown that tend. >> get out of my face. i didn't hurt nobody. get outta my ace. get at my face. lou: one state legislator before the bout had been taken declared there would be blood, repercussi
strongholds in the country, michigan. michigan's governor, rick snyder, moments ago, signed right to work legislation into law. now, the new law sharply limits union power, something once unthinkable. hundreds of protesters packed inside the capitol building for the vote. trooper on hand in riot gear. michigan, home of the most powerful union in the country, a symbol of union power and dominance for generations. not anymore. workers are no longer to give up part of their paycheck to union dues. now, the unions didn't go down without a fight. literally. take a look at this, outside the state capitol. the moment the bill passed, things got violent. tents belonging to americans for prosperity, who were there to support the bill, torn down. one of the groups senior staff, steve, who is actually also a fox news contributor was brutally assaulted as he tried to protect his staff. nuts. joining us now, thee most senior republican lawmaker who voted today, the house speaker, thank you for being with us today. this is monumental on so many levels. we have a michigan republican controlled legislatu
in michigan and we're there. good morning, everyone, governor snyder is about to sign legislation that makes michigan the 24 right to work state. the unions want to stop it. they're out in force at the capital. it could get ugly. gas prices are tumbling in st. louis. listen to this, at 3.32 a gallon nationwide the price is still the highest ever for this time in december. california, a national carbon tax could be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protes
, michigan right to work pushes through. hundreds of pro union workers rush the state capitol. the top of the hour, we'll have that. now, i have the seven early movers including special dividends, charles payne used do this and he's going to offer a commentary how good i am at it. publisher mcgraw-hill, aboard that special dividend. payable. december 27th. and medical imaging company and logic, down figure time, four bucks. sirius xm radio, a special dividend 5 cents a share, get paid this year. stock is up. yes, it's unchanged. and drug maker hiring a sales force for cholesterol reducing fish oil pill, and investors thought the company would have a partner by the now still the stock sup. better news for biodell, the fda granted tax credits for the new hypoglycemia drug and that stock sup. einstein's bagel, a special dividend $4 a share from a bagel company. they pay you december the 27th. the market likes it. home builder dr horton, pay of 15 cent dividend, special. december 23rd, you get the cash. the market likes it, up it goes. that's the end of seven early movers, did i do okay. c
. the president flew to michigan where he blasted the republican-led state legislature and the republican governor for their support of right-to-work legislation. his timing could hardly have been worse. that worker rights legislation will be voted on and given final approval tomorrow and be signed into law by governor rick snyder. michigan becomes the 24th state in the nation to ratify a aw that protects workers from being forced to pay union dues as a condition of their employment. we'll be examining tonight what's happening in michigan and in washington, d.c. with the author of "shadow bosses: how government. employee unions control america and rob taxpayers blind." mallory factor joins us. also tonight, egypt's president, muhammad morsi, ordering the egyptian military to arrest people in the street even as he claimed to have rescinded the dictatorial powers he assumed which have spurred violent demonstrations. and a new intelligence report concludes that america's time as the lone superpower is nearing an end. former director of national intelligence john negro panty joins us to talk about ou
of guests, big labor, obviously, about to take a devastating blow in michigan, on the verge of becoming a right-to-work state. the man poised to make it happen, putting pen to paper signing the bill into law. governor rick snider. he's going to be joining us live from the office in the state capitol. don't miss this. liz: dangerously close to going over the cliff. you know the date, december 31st. coming up, exclusively on fox business, former treasury secretary paul o'neill as sides dwindle own spendings, he has what needs to be done to get budget under control, easy ways to cut it and who should carry the burden. david: before the busy hour, what drove the markets with today's data download. stocks pushing up for hopes of a deal in the beltway. all three indexes in the green, hosting the three straight day of gains, s&p higher for the first time in two weeks. technology and health care led today's gainers. well, oil posting its first gain in six sessions today, edges higher after prices fell 4% over the past five trading sessions. crude closing the day up 23 cents a barrel at $85.79.
♪ >> battle ground michigan. bailout taxes, yes, the wolverines state set a stage today. item one, four hours from now, president obama visits a suburb of detroit. in that near bankrupt city asks for a bailout. will the president oblige. organizationed labor health. the right to work legislation. the unions hate it. will the president step in? . detroit voted for him, the unions, mr. obama is there, what is he going to do? china is here buying part of the bailed out aig, buying 123 battery company and buying american mansions. that's what happens when china has the money and we've spent all of ours. or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holid deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] brea
petallides on the floor of the new york stock exchange. protests turn violent in lansing, michigan, as union protesters ripped down a tent belonging to right-to-work supporters. becoming the 24th right-to-work states today allowing workers to get the right to join unions. jeff flock is in lansing michigan covering the story for us. i thought it was interesting how you covered the scene there with michigan a few years back, excuse me, wisconsin. >> wisconsin, exactly. not the same kind of intensity. part of that is because this is already pretty much a done deal. there they had not a teacher headed off. the second one being debated right now. but renew over here to the scene of the george romney state office building. george romney, former governor of wisconsin, and father of mitt romney. the large group of protesters are trying to get into the crowd and see. they have essentially ringed the entrance of the building trying to make their voices heard. they feel very frustrated. they feel this had passed in a lame duck session without the opportunity for there to be more debate about it. that i
from new york. neil: okay, you're ready for the storm after the storm in michigan. official word today. this is still not done in michigan. tonight, or if i told you that these guys are taking their act on the road? it's going to be a bumpy road. welcome, everybody. i am neil cavuto. unions are vowing that it is a right to work state. they are promising the law for public workers to have the option of joining a union. unions insist this doesn't give the governor a free pass to from the recall election. some are planning that in michigan. do you remember what scott walker winter in wisconsin? unions emboldened by the election, they can rightly say that they helped carry barack obama over the finish line. sometimes violently, right to work is wrong. even though they released video like this. don't think that they are not trying to do the same in other states like new jersey and new york. hold on folks, i really suspect that is the just getting started. they are not seeing this labor crunch. how big and bad business debt? we have rick ungar and dd binky. it really doesn't matter. they cou
: and overhaul of corporate taxes. that is on the table. connell: well other states now fall after michigan. dagen: the president of stubhub is here to talk all about it. connell: first, let's get to the floor of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is up five days in a row. traders say that the trend continues to the upside. the dollar is lower. back to you. connell: you mentioned bad day. first, the latest from capital hill. they say we are over the fiscal cliff, unless tax rates go up. the sign will come from the fed. we will know in the next 90 minutes. former atlanta fed joins us now. how is the decision connected, do you think, to the fiscal cliff? >> it has to do with balancing risks. they do not want to risk the recovery that we have underway already, even though it is slow. i expect
against michigan becoming the nations 24th right to work state. dagen: we should point out, this just gives people the option of opting out from paying union dues. that is all that it does. the governor says he will not take on this divisive issue. low and behold, he is willing to sign it when it shows up on his desk. >> the governor did not want the kind of confrontation with unions, that, for instance, you saw in wisconsin. they put on a referendum on the november ballot saying we want to constitutionally banned the right of right to work. unions defeated the governor, one of the governor's favorite laws which is this emergency manager walt which he is trying to use to desperately save michigan cities that are desperately in trouble, including detroit. connell: he was forced, in your view. he maybe it would not have done it if it was not for that. >> the emergency managers law. connell: the idea that he is in support of it. [talking over each other] connell: is the union movement, you know, is it over, is the tide turning? >> first of all, the second biggest organizing drive in the
in michigan. all right, nicole, what's with the stock? >> the stock on the gun owners names being released, an interesting story. let's talk about ford. down about 1/2 of a percent and all americans, everybody is waiting for more jobs and ford is doing their part and they're working and expanding in plants and michigan and looking that they will create about over 2300 jobs,200, 350, new equipment and expansion in southeast michigan. stuart: and it's in michigan, a right to work state. very interesting. nicole, thank you very much. time is money, 30 seconds. here is what else we're watching for you this thursday morning. amazing medical break through could help a lot of people next year. dr. siegle will be here and he'll show it to us. who is the media blaming for the fiscal cliff? you know the answer to that one and so does bret, ale he join us. entitlements keep rolling totally unchecked. young people are picking up the bill, but they he voted for it. we're looking at the biggest winners and losers in the s&p 500. let's start with three of the biggest losers and show you how much they've
fiscal cliff. the michigan legislature voted in favor of two right to work bills giving employees and unionized shops the right to refuse to pay union dues. governor reich snyder expected to sign tomorrow even though thousands of people continue to protest outside the michigan state capitol building in lancing. it covers shops, but exempts police and firefighter unions. stub hub strikes out with major league baseball clubs and three are droppling them, yankees, chicago cub, and l.a. angels of anaheim no longer sell tickets on the website although major league baseball extended the partnership with stubhub through 2017. we continue the count down to the closing bell with the original bond girl who said, "diamonds are forever." liz claman? liz: one retailer down in the dumps, but it's shown signs of life. let's get to nicole's on the floor of the new york stock exchange. our diamond girl there. >> hey, thanks. jc penney under pressure with the idea that pronotions, sales, and coupons are not the way, but just great prices all the time. what happened? people didn't go there. people l
to work laws it is big to them but important to people in michigan. neil: there is something more sinister? >> even the governor said earlier this year he did not think right to work out a place so even he opposed this. it does not make sense. this is a problem for the g.o.p. to stop tax cut on the rich, raise medicare age neil: but to say you have a choice you don't have to be in the union. is your call. what is wrong with that? >> as the unions work for wages if you're not a member you benefit even though you don't pay the dues. this is about killing the few remaining strong unions that built the middle-class. neil: and what do you think this new benefit with the union does? >> that is how they one negative. they want the privilege to represent every worker they protect the monopoly privilege then say somehow workers that never our store voter wanted union are forced to pay the fee to keep a job. >> should they be held to the standard? has nothing to do with the unions they will discover what of lower nominal increase they see that afforded the private sector workers do nothing. >> that
not only making headlines in michigan, but broadway theaters may go dark thanks to a looming strike. we will have the details on that coming up next. copd makes it hard to breathe, but with advair, m breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike mt copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. tracy: breaking news that secretary john boehner is returning to his office. we di
, not joking about this, on full display. michigan passed laws making the right to work state. the unions furious, huge protests, someone punched fox news contributor stephen prouder. you can see it. undeniable visible evidence of that guy punching him in the face. they also destroyed kents, private property, will these suggs be charged criminally? joining us now is criminal defense lawyer arthur addala. >> i don't know why that would not be charged. of that happened in new york we would have on video tape and that is a prosecutor's dream come true. stuart: who would have to press charges? steven or the authorities? >> the authorities. steven has to make -- he has to tell somebody in law enforcement i didn't authorize him to punch me in the face. it could be a stunt, i wanted him to punch me in the face. 0.001% of the time that happens. the other 99% of the time it is an assault. that would be assault in the third degree, misdemeanor assault the punishable by a year in jail. usually you don't go to jail for things like that but still get prosecuted, spend the night in jail and go in front
-- >> indiana, michigan. david: that stands in stark contrast to what's happening inside the beltway. even one of your own, harkin, the united states senator from the great state of iowa said it's better to go off the fiscal cliff than not to have a rise in tax rates, and he said, quooe, "no deal is better than a bad deal," and a bad deal for him is not letting tax rates go up. what do you think of that? he's one of your own. >> well, unfortunately, we've got too much partisanship in washington, d.c.. the american people want the leaders, both the president and the congress to come together, make the tough decisions. it's going to take both. it's going to take the revenue, but it's also going to take fundamental reform of spending. you cannot spend a billion dollars more than you take in every year or there's fiscal ruin, and with the amount of baby boomers retiring over the next several years, they are going to have to deal with things like medicare, medicaid, and social security if we're going to resolve this thing for the long term, and, frankly, iowa farmers and small businesses will be hi
. david: president obama visiting a michigan auto plants today discussed in a fiscal crisis. our next guest argues in the long run they could see strong auto sales if ther there's no d% all. joining us now, edmunds.com chief economist. good to see you. how would we be better off if we go for the fiscal cliff at least in auto sales? @> we're better off because we're taking hard medicine now. do we want pay now and better later, or suffer now and not be better off later. lots of fixing to do. if we get a stronger growth path for taking more heart medicine now, that bodes well for the entire economy including auto sales. david: your bi are basically wht a compromise compromise will not solve anything. right? >> or worse, some that just extends the uncertainty. eventually compromise anything. no compromise at all because that is what is killing us right now, we're just played with this vast amount of uncertainty. business is almost paralyzed afraid to move forward with hiring, investing and is paralyzing the whole economy really been abll to move forward. david: how many folks are really
. michigan's blow to the organized labor movement. adam shapiro and melissa francis are up next. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number expernce. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperate-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjust to the supportouour body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of r 400 sleep number stores nationwi. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. dennis: aig, four years after that horrible meltdown will sell off a
live in pontiac, michigan, with more. >> i'm surrounded by the team that put this together. all these folks you see are the ones who put together the gm sierra and silverado pickup. we talked to mark reuss earlier in the day talking about the fiscal cliff being introduced at a time when the country could be an economic role. telling me he think they will make money even if the nation goes forward over the fiscal cliff. >> we can make a lot of money at fiscal cliff levels, but plans in place to do all that. we don't think we need to. >> what does your internal planning say if you go over? >> we take a look at different car lines by segment and look at where the strike is a and look t the pent-up demand. >> this is a huge vehicle for gm, the best-selling of all gm vehicles. a quick look at what they unveil look like, a really exciting unveil. harkening back the old old days where they blew things up and crash cars through things. a big unveiling for g gm. good luck to them, they will need it. ashley: love the fireworks. jeff flock, thank you very much. tracy: talks in washington s
the president in michigan. tracy: loud anddclear. housing short sales job ahead of new year tactics changes. one expert will tell us how it can impact the fragile recovery. ashley: first, a look at some of today's winners and losers. these stocks are doing well. cisco up about 2%. we will be right back. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickl try fast, long lasting gaviscon®. ashley: the department of justice antitrust division breaking records this year. rich edson has the exclusive details. rich: the most in the 122 year history. nearly 50% increase over 2011. this data provided exclusively to fox business. it was confirmed by the justice department. or then a half billion dollars to auto department and executives. those and several other small the antitrust division says the ongoing investigation into other auto department companies could set up 2013 as another record-breaking year. >> we have other wide ran
Search Results 0 to 25 of about 26 (some duplicates have been removed)